Alan Schnitzer News
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assistants, the insurance company's leader detailed "differentiating domain expertise" around data and ...
Travelers Selling Canadian Insurance Businesses Other Than Surety for $2.4B
The Travelers Companies, Inc. announced that it has signed a definitive agreement to sell Travelers Canada's personal insurance business and the majority of its commercial insurance business to ...
Potential Tariff Auto Severity Impact on Travelers: Single-Digits or Less
Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer's first quarter—and looking ahead, the company is well-positioned to face the ...
Travelers Triples Q3 Net Income, Reverses Underwriting Loss
Travelers on Thursday said third-quarter net income was $1.26 billion compared to net income of $454 million during the same period a year ago on record net premiums, favorable prior year reserve ...
Ending Polarization and Building Future Leaders: Travelers CEO
Challenges facing today's business leaders include keeping pace with rapid change, the leader of Travelers said recently while also going out of his way to cast light on a serious obstacle to forward ...
‘Strong’ Commercial Hikes to Continue; Cats, Asbestos Dent Travelers Earnings
Commercial insurance was a bright spot on the third-quarter earnings picture for The Travelers Companies, with strong pricing fueling a record top line and a "best-ever" underlying combined ratio in ...
Travelers Inks Record Commercial Premium for Q1 ’23
With net written premiums for the Business Insurance segment of its book rising 14.5 percent to a $5.2 billion record level for the first quarter, Travelers posted 12 percent premium growth across ...
Travelers CEO on Signs of Recession: ‘Not Yet’
With inflationary effects still hitting the books of property/casualty insurers, including Travelers, analysts are worrying about the next macroeconomic shoe to drop—a recession. But the leader of ...